# Aster App

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aster-app

- Industry: Software
- Headquarters: Lyon, France
- Website: www.asterapp.co
- Total disclosed funding: $3.1M
- Latest round: Series A (Sep 28, 2021)
- Investors on record: 4

## About

Aster App, based in France, provides innovative digital solutions aimed at streamlining governance and legal operations for businesses, enhancing efficiency and compliance across various industries.Founded in 2014 in Lyon, France, Aster App specializes in governance and legal management solutions. The company was established by Jean-Baptiste Esbelin and Vincent Mendes, who have experience in developing technology-driven services. In September 2021, Aster App raised EUR 2.64 million in a Series A funding round, led by OneRagtime with participation from GMZ & Son's, Kreaxi, and Credit Agricole Creation, bringing the total amount raised to EUR 2.64 million and the current company valuation to EUR 8.295 million.Aster App offers a suite of governance and legal management solutions designed to streamline corporate legal operations. Their flagship product includes an integrated platform that enhances contract management, legal entity management, and document management, leveraging artificial intelligence for legal intelligence and secure data processing. The services cater to various sectors, including private equity, pharmaceuticals, real estate, and energy, with clients across Europe and North America.Aster App generates revenue through a subscription-based model, where clients engage in multi-year contracts for access to their software solutions. This model features tiered pricing depending on usage and module selection, allowing clients flexible options to meet their operational needs. Revenue transactions are structured around annual or monthly payments, ensuring stable cash flow and ongoing client support that contributes to retention.In September 2021, Aster App secured EUR 2.64 million in Series A funding to strengthen its team, enhance research and development, and develop strategic partnerships. The company is also focusing on expanding its market presence in Europe and North America, with plans to introduce new product features and updates aimed at enhancing user experience. The funding will be instrumental in recruiting skilled professionals and supporting the development of innovative solutions to meet evolving market demands.

## Funding rounds

- Series A, Sep 28, 2021, $3.1M — Kreaxi, OneRagtime, Credit Agricole Creation, GMZ & Son's

## Investors

- Kreaxi (https://capitalatlas.ai/funds/kreaxi) — Series A
- OneRagtime (https://capitalatlas.ai/funds/oneragtime) — Series A
- Credit Agricole Creation (https://capitalatlas.ai/funds/credit-agricole-creation) — Series A
- GMZ & Son's — Series A